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Three scholarships to be awarded in RBC Black History Month Student Essay Competition

TORONTO, Sept. 11, 2012 /CNW/ - Some of the most important moments in
Canadian history don't always get talked about in the classroom. Yet
students can earn scholarships for sharing their knowledge on the
important role black Canadians have made to our diverse heritage.

The RBC Black History Month Student Essay Competition offers students
entering a Canadian university or college in the 2013/14 academic year
the chance to be awarded one of three scholarships for their essay on
how black Canadians have helped to define Canada's diverse heritage and
identity through their achievements and contributions to the broader
society.

"It's so important for our youth to understand, and celebrate our
history," says Justice Irving Andre, Judge on the Ontario Provincial
Court of Justice, who will help form a panel that chooses the top
essays. "Researching and writing an essay is a great way to gain
insight into the experiences of our forefathers and the vital role they
played in building this country."

Other esteemed panelists include:

Dwight Drummond, CBC Broadcaster

Mitzie Hunter, CEO Civic Action

Inspector Rohan Thompson, OPP and Aide De Camp to Lt. Gov David Onley

Professor Juliet Daniel, McMaster University

Audrey Campbell, President, Jamaican Canadian Association

"Black History Month is an extremely important part of celebrating our
diversity - something we really value at RBC." says Jennifer Tory, RBC
Regional President for Greater Toronto. "This essay competition gives
us an opportunity to celebrate both our past and our future."

Essays should be 750 words or less, and must be submitted by December
17, 2012. Full competition details can be found at www.rbc.com/essay

Winners will be celebrated during Black History Month 2013, when all
Canadians are invited to participate in festivities and events that
honour the legacy of black Canadians, past and present.

About RBC

Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate
under the master brand name RBC. We are Canada's largest bank as
measured by assets and market capitalization, and are among the largest
banks in the world, based on market capitalization. We are one of North
America's leading diversified financial services companies, and provide
personal and commercial banking, wealth management services, insurance,
corporate and investment banking and investor services on a global
basis. We employ approximately 80,000 full- and part-time employees who
serve more than 15 million personal, business, public sector and
institutional clients through offices in Canada, the U.S. and 51 other
countries. For more information, please visit rbc.com.